Sterling has been mixed bag as European traders came back to the markets today after a long Easter weekend. Currency pairs should trade very technically during this relatively quiet news week out of the UK.
- Cameron agrees joint defence deal with Japan (Reuters) [Cameron’s visit to Myanmar makes him the first major Western leader to visit the country since 1962 as the UK looks for more trade partners.]
- Britain’s retailers hope for extravagant Easter (The Guardian)
- Bernanke Warning on Jobs Vindicated by March Payrolls Report (Bloomberg)
- Weakness in the Japanese Yen Is Over for Now, Part Two (DrDuru.com)
- GBP/AUD intraday: holding pattern (ChartTrader)
- GBPCAD: Will be looking to buy this one (Chart.ly) [good call]
- GBPUSD: LOOKING FOR A SHORT OPP…LOT OF RESISTANCE COMING (Chart.ly)
- EURGBP: Possible basing structure (Chart.ly)